AIRLINK 77.84 Decreased By ▼ -2.55 (-3.17%)
BOP 4.87 Decreased By ▼ -0.05 (-1.02%)
CNERGY 4.28 Decreased By ▼ -0.07 (-1.61%)
DFML 45.00 Decreased By ▼ -0.51 (-1.12%)
DGKC 85.97 Decreased By ▼ -2.83 (-3.19%)
FCCL 22.45 Decreased By ▼ -1.11 (-4.71%)
FFBL 32.00 Decreased By ▼ -1.00 (-3.03%)
FFL 9.50 Decreased By ▼ -0.07 (-0.73%)
GGL 10.09 Decreased By ▼ -0.18 (-1.75%)
HASCOL 6.55 Decreased By ▼ -0.16 (-2.38%)
HBL 112.00 Decreased By ▼ -1.00 (-0.88%)
HUBC 141.20 Decreased By ▼ -1.36 (-0.95%)
HUMNL 10.97 Decreased By ▼ -0.93 (-7.82%)
KEL 4.85 Decreased By ▼ -0.19 (-3.77%)
KOSM 4.35 Decreased By ▼ -0.15 (-3.33%)
MLCF 38.25 Decreased By ▼ -0.68 (-1.75%)
OGDC 128.89 Decreased By ▼ -3.11 (-2.36%)
PAEL 25.51 Decreased By ▼ -0.24 (-0.93%)
PIBTL 6.36 Decreased By ▼ -0.21 (-3.2%)
PPL 117.50 Decreased By ▼ -2.05 (-1.71%)
PRL 25.80 Decreased By ▼ -0.30 (-1.15%)
PTC 13.74 Decreased By ▼ -0.32 (-2.28%)
SEARL 57.09 Decreased By ▼ -0.42 (-0.73%)
SNGP 64.99 Decreased By ▼ -1.11 (-1.68%)
SSGC 10.00 Decreased By ▼ -0.19 (-1.86%)
TELE 8.12 Decreased By ▼ -0.20 (-2.4%)
TPLP 10.35 Decreased By ▼ -0.21 (-1.99%)
TRG 65.24 Decreased By ▼ -2.91 (-4.27%)
UNITY 26.85 Decreased By ▼ -0.28 (-1.03%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,835 Decreased By -96.8 (-1.22%)
BR30 25,245 Decreased By -504.5 (-1.96%)
KSE100 74,667 Decreased By -908.6 (-1.2%)
KSE30 23,919 Decreased By -292.9 (-1.21%)

LAHORE: The Punjab Employees Social Security Institution (PESSI) collects about Rs 1.4 billion annually whereas 1.1 million workers are registered with the Punjab Labour Department.

Punjab Labour Secretary Muhammad Aamir Jan revealed this while speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Saturday. Director General Labour, Punjab, Faisal Nisar also spoke on the occasion.

The Secretary said the Punjab Labour Department is working as a facilitator and ensuring maximum facilities for the trade and industry. The policies for labour have been developed with a vision to ensure welfare of workers. He said that promotion of healthy labour management and industrial relations for greater socio-economic progress and development is a prime task of the labour department as labour force has a fundamental role in industrial development. The role and cooperation of the Lahore Chamber is of utmost importance in this regard, he added.

On the occasion, Director General Labour Faisal Nisar gave a detailed presentation on Punjab Occupational Health and Safety Act-19.

LCCI President Irfan Iqbal Sheikh said that trust building between the business community and government departments would make things smoother. The outbreak of Covid-19 has forced us to improvise so that somehow business activities should continue to revive. For that matter, the public departments must cooperate with the private sector, he said.

He was of the view that the frequency of tax payments of various labour taxes should be reduced to once a year. Currently, the frequency of tax payments of EOBI and PESSI is 12 times a year. The industrial units should be allowed to utilize 10 percent of their land for establishing their own labour colonies which would help reduce cost of Labour and transportation besides enhancing competitiveness of local industry, he opined.

Copyright Business Recorder, 2020

Comments

Comments are closed.